Asking Price Contact for pricing
Area Size
NOI Net Operating Income N/A
Cap Rate N/A

Documents

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Create an account on the Investor Center to save your search and investment preferences, save and share opportunities, access exclusive documents, and more. More questions? Visit our FAQ. You'll need to sign a Confidentiality Agreement (CA) to access exclusive documents in the Deal Room. Signing the CA means you agree not to divulge or release sensitive information related to this property. More questions? Visit our FAQ.

Key facts

Year Built 1980 / 2010
Building Area Net
Land Area Net ()
Occupancy 92.0 %
Call for Offers 2022-04-06

Property description

As exclusive advisor, Jones Lang LaSalle Americas, Inc. ("JLL"), a licensed real estate broker - is pleased to exclusively offer the opportunity to acquire a 100% fee simple interest in Rivertowne Square, a 145,502 square foot Winn-Dixie-and Bealls Department Store anchored center located in the densely populated South Florida community of Deerfield Beach, Broward County, FL. 


Rivertowne Square is prominently positioned on a +13.0 acres at the highly trafficked intersection of Federal Highway and SE 10th Street with over 72,000 vehicles per day and ±850 linear feet of frontage along Federal Highway.

Investment highlights

PRIME LOCATION AT HIGHLY TRAFFICKED NORTHEAST BROWARD COUNTY


LIMITED DOWNSIDE AND COMPELLING RISK-ADJUSTED YIELD PROFILE WITH NUMEROUS VALUE ENHANCEMENT OPPORTUNITIES


ATTRACTIVE INVESTMENT BASIS AT PRICING SUBSTANTIALLY BELOW REPLACEMENT COST


RAPIDLY DENSIFYING TRADE AREA PROVIDES LONG-TERM OPTIONALITY


OUTSTANDING TRADE AREA AND DEMAND DRIVERS

Last Updated Date: 03 Mar 2022

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Last Updated Date: 03 Mar 2022

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The value of trust beneficiary rights fluctuates due to fluctuations in the price of real estate, and there is a risk of falling beyond the investment principal. Real estate prices are fluctuated by changes in the population of the area in which they are located and the number of newly supplied properties, fluctuations in interest rates and exchange rates, changes of tax system, loss/damage due to natural disasters such as earthquakes, deterioration over time, and the discovery of hidden defects such as soil pollution.

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